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20120928
20121006
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Search Results 0 to 25 of about 26 (some duplicates have been removed)
questions after his speech. let's listen in. >> japan, of course, is the first modern economy to be trapped at the zero bound. interest rates close to zero. their experience foreshadowed the global financial crisis of 2008. the japanese had a stock market booming bust and a property boom and bust together which was roughly double the size, proportionally speaking, to the united states. it was a major shock to the economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that. there is a lot of downward pressure on the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is
in obama's handling of the economy and romney. we have two jobs report left before the election. do you think -- well, what do you think the impact will be? >> i don't think there will be all that significant because if it was going to be significant in the jobs report obama would be toast. he has had 43 months in his term so far where the jobless rate is above 8%. now, and all of the time between 1948 and 2009 when obama took office in cumulative months and which the unemployment rate was above. some 39 months and 43 months in just three and a half years of his presidency. those are the staggering your numbers. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rat
on the campaign, but the public sort of is already absorbed the economy through their own prism. >> we are keeping our eye on two different things. we will get reaction from the president who will speak live at george mason university, and then mitt romney will kick off a campaign event within the hour as well in the southwestern virginia town of of aiavington. 86,000 more jobs added in july and august than previously thought. total unemployment rose by 873,000 jobs last month. that is the biggest one-month increase in nearly 30 years. will these new numbers mean lights out for romney's post debate afterglow? new ads kat aare catered to cri inting states. joining me live is jan schakowsky. congresswoman, it's great to have you here. business pioneer jack welch basically calls these numbers into question. had this remark that he tweeted out earlier today saying, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. what do you say to that? even the white house though right now this morning reluctant to spike the football on this. in their statement saying
18,000 jobs in the sector. that is where the economy is being structured these days. 10,000 jobs in construction. manufacturing, 4000 jobs. melissa: we were looking at 113, does that make that same life? i just want to remind everyone that is not a good number. >> finding the list that the government number includes state and local layoffs. i don't think that adp number includes that. when you look at those two numbers since january, you will see a defeat for 172,000 jobs a month where it is about 150,000. it has to be above 200,000 to keep up with population growth. again, 8.2% we are looking at coming in for friday. lori: full employment around 4%? nobody talks about that anymore. >> we just talk about the jobless rate. lori: the temperature is going down, find your heating costs going way up? the impact the winter will have on the economy. melissa: take a look at metals had with those who break. gold trading up. copper, basically what. we will be right back. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier
they will turn it into something political. it will really be hard, when you think about the economy we are in right now, how can you tell individuals we will raise the price of work did right now we need more work. it would be a bad time to do that. both sides will ultimately agree on that. dagen: we are looking at this calendar with 20 days left at work just for the representatives to deal with this. why isn't the uncertainty, why isn't there any other business that would impact the economy. >> it is entirely possible. you would almost think if the economy or the marcos thought they would let us reach the cliff go over it, you would see a lot of forward activity. the fact you are not seeing it suggests that markets think we get to the final days they will actually come to a deal. a little over a year ago it was that we were days from government default, but, ultimately, they came to a deal. dagen: john, good to see you. as always, thank you. connell: breaking news now. it is on the libor investigation. this is from the exclusive reporting from our own charlie gasparino. chuck grassley
of the economies, and i think because of that mitt romney's gin more chances than he otherwise would to make his case to the american people. i think this very first debate next week may be his last best chance to make his case. >> do you think if the debate's a flop for mitt romney that all of a sudden some super-pacs and big dollar donors, some of the establishment, do they begin to abandon him next thursday? >> i think it will certainly heighten and go to defcon five. what's the next color is on the homeland security chart, i lose track of them, we'll probably go to. i think what mitt needs to do, craig -- >> fuchsia. >> -- is really be himself. stop trying to be a conservative. he's not. we're not talking about a guy with deep ideological convictions. his real moral convictions are in his family where he has a picturesque american model there. beyond that, he's known for making money for himself and other people and creating jobs for those who don't have wealth. that's who he needs to be. >> it sounds like steve is saying let mitt be mitt. is it too late for that? >> well, it's not as though
private enterprise to grow the economy. the other, his version of president obama's view is that government is still in control of everything. the challenge for governor romney and the debate on wednesday is going to be fully articulate his vision for america's future to the largest audience of his political career. >> we need to give the american people the choice we are offering. that is what we are offering. we owe the country a very clear choice of a different future. we can have a dynamic growing economy that produces opportunity or we can have a stagnant opportunity that fosters dependency. >> romney campaign is looking for a solid performance, no knock outs which the governor has become famous for. he has been avoiding those since he tried to make the with governor perry. >> what is the word on the foreign policy message for romney? >> the governor has an op-ed in the "wall street journal" saying of president obama, by failing to maintain our new, president obama has heightened the instability. he does not understand that an american policy that lacks resolve can p
if the governor wants to, he can use this format, which is open ended on the economy, talk about the economy, but also about american strength and how that can or will be affected in the future economically. so i wouldn't be surprised at all if what you saw in that op-ed that governor romney wrote for the "wall street journal" doesn't become part of a response to a larnler conversation about not just economics in america, but the economic projection, the values projection and foreign policy pro jex. >> let me ask you about the format. debate formats have been krit krzyzewskied. it's going to be six segments. the moderator has some ability to let it go and bring the conversation more broadly. breathe more than we've seen in the past. does that favor one person or the other? >> no, i don't think so. i think as you know, who goes first was determined by coin flip and there's a slight advantage of having your opponent go first. in the opening, romney won the coin toss because president obama goes first and that means that mitt romney can make adjustments after he's spoken, even after that some.
how we're worried in that stagnant obama economy more people are becoming dependent on economy. >> what could be better for the emotional stability of a presidential candidate than your running mate calling you inarticulate? never mind. paul ryan is the one key numbers guy. so let's hear him explain the tax policy. >> the cut in tax rates is lower -- all american tax rates -- >> how much does it cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. the first half, lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all the math. >> all right. you know what, mitt? you better put paul ryan away somewhere. send him to a sports bar somewhere in ohio. at least he can have a few beers with voters. he's got that going for him. who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not b
mid election. >> no, but the facts are the facts. if we're talking about jobs and the economy, the greatest thing about this campaign is that voters have no way to say this there's not a difference between the parties. i don't care what you say, romney and the president are in different directions for the country, that's with fiscal policy, domestic policy, with healthcare especially. it is abundantly clear, and i don't know why the president didn't explain why the 5 trillion dollars that's going to be loss and why the 2 trillion is expected. i don't know why as romney said, you keep repeating and repeating, but the fact remains that what happened to the 47% of the people that were written off. aren't they included in the middle class? connell: he never mentioned that. >> he never mentioned it. connell: that had to be on purpose. that had to be -- i mean that was something that's been out there forever. he had to think oh i'm not going to bring this up. >> then why take all these notes on things this guy is saying, where he reversed himself, he should have been just smiling lo
to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> you heard the president. it's no day to talk down the economy to score political points. but shadowing the president in virginia, mitt romney waited nine minutes deep into his scintillating stump speech before even mentioning the big news of the day, delivering it like a speech at a funeral. >> there were fewer new jobs created this month than last month, and the unemployment rate, as you know, to this year has come down very, very slowly. of course, even those that have jobs are having tough times. >> okay. but give mr. romney credit because he actually admits the unemployment rate did come down. unlike prominent conservative jack welch who tweeted this morning, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. okay. tuesday he was a ruthless race baiter. yesterday he was a feckless delivery boy. today he's don corleone, and there's more where that came from. congressman west, take it away. >> you are alleging sp
making $50,000. >> it's the right way to encourage economic growth. you grow an economy from the middle out, not from the top down. >> one thing he did not do in his first four years, just to raise taxes. >> it's time for a new economic patriotism. >> you were lucky enough to attend cran brook. >> you wear crummy shoes. people notice. >> we should measure compassion by how many people are able to get off welfare. i got everybody in my state insured. i don't think there's anything that shows more empathy and care. >> teach a man how to fish. >> my heart aches for the people i have seen. >> don't simply feed fish. >> every now and then i'm known to make a mistake. >> we throw our own penalty flag at mr. romney and mr. ryan. >> romney, ryan, romney, ryan. >> so that people don't get tired of her. >> when you go after my man -- >> stop it, this is hard. you want to try, it get in the ring. >> was i a little strong? >> never apologize for america. >> people will call my awful things every day. there are going to be bumps in the road. >> what's with the wily coyote nuclear bomb? >> 90 minute
on the economy, we'll get some meat on the bone here. but we forgot that this is politics. there are less than five weeks to go before the election, and there are certain things, mitt romney's tax plan, barack obama on social security, barack obama on simpson bowls and debt reduction, they don't want to put meat on the bone. people criticized the moderator. i'm not sure if the moderator pushed more for specifics if they decided i'm not going down this road, and they both clearly decided that on social security for obama, on tack plx plan for romney. i don't know how much cajoling will get them. barack obama being better today than he was last night, here's the problem. let's say there were 5,000 people at that rally. 50 plus million people we expect to have watched the debate last night. that's the issue. you need to be at your best when the audience is massive. you know, being good at a rally with your supporters is a lot easier than being good at a big, giant event where you're being directly confronted by the guy who wants your job. >> chris cillizza, ruth marcus and john harris, thank you
could have. >> reporter: his dream opened just as the economy crashed. office space went unfilled. disney pulled out. >> a new world class resort casino. >> reporter: but now peterson has a plan to fix it. >> this is a resort. this isn't just a casino. along with the upscale restaurants, along with the upscale retail is another ammenity called a casino. >> reporter: peterson's casino dreams have faced a furious onslaught. >> we've heard those empty claims before. >> good paying jobs. >> reporter: caesar's and mgm have responded with a barrage of ads of their own. 1 poll suggests maryland voters are about evenly split on this question despite the millions of dollars that have been spent on both sides. bruce leshan, 9 news now. >> revenue estimates for maryland's slot par mores were way overblown, but patterson -- parlors were way overblown, but peterson insists this will be different, a las vegas resort style hotel. >>> fairfax county police want you to look closely at this next picture which dubs the office creeper. the suspect poses as a maintenance guy in order to steal walle
banks. this from the third quarter of 2010 shows a much different economy. back to you. melissa: interesting. thank you so much for the six a headline that generated all kinds of surprises. apple apologizing for it map app. the ceo tim cook says the company is doing everything it can to make maps better. you can use alternatives by downloading maps. what? melissa: that is crazy. that is like we have a problem with our signal, please go over to our competitor. lori: silence, i think says more. dennis: remember when they had the intended debacle. not admitting anything was wrong with it and people were getting more and more frustrated. lori: that is a good point. i think charlie gasparino is standing by with his latest report. inc. of america, i guess this is more interesting to charlie, at least. the bank with a 3.5 million in charges. bank of america says this is not an admission of guilt. the settlement was reached to eliminate the uncertainties. melissa: the latest news from bank of america that pain is still being felt from the collapse of 2008. charlie gasparino is first to
questions for romney. >> i think romney will turn the economy around but it's the other issues that we don't know about. >> reporter: like what? >> like the medicare, health care issues. >> reporter: in haymarket, virginia, life-long republican dan stapleton echoes fears about the romney/ryan ticket. >> i think they want to change ot so dramatically that we won't recognize it quite as medicare once they're done. >> reporter: by balancing the ticket with ryan, an advocate of major changes to entitlement programs, romney has prompted haestions on what he would do about medicare. ro now mitt romney's attacking the president on medicare? >> reporter: and he's also opened the door to an avalanche of democratic attack ads. >> analysts say it could raise seniors' costs up to $6,400 a year. >> reporter: today a spokesperson for the romney campaign called these latest medicare issues "er" because his plan was not adequately explained in the questions. sut, scott, the responses are relevant to romney's hopes. >> pelley: dean, thanks very much. both candidates have had their plans distorted in a torr
think we should build the economy from the middle class out like the president does or the top down like mitt romney does? >> credit ben labolt, thanks for joining us today. >> thanks. >> we say good morning to our tuesday political power panel. leah henderson, ted devine, senior strategist for al gore and john kerry. eugene robinson wrote in "the washington post" the challenges facing mitt romney in this debate, but going specifically saying romney's task is more difficult. for the umpteenth time he has to introduce himself to the american people and erase all the impressions of the mitt romney we met earlier and reveal a coherent person, one voters can imagine as a leader. is this debate more romney against himself? critics paint him displaying this flaccid leadership. >> he has to present himself as a president who would represent all americans. he said that several times. he's practicing that debate line. here again, even when he engages with that comment, it reminds people of that 47% remark. you see him over the last couple of days. i think it was today there is an interview in the
Search Results 0 to 25 of about 26 (some duplicates have been removed)